US Stocks-Wall St set to open higher after inflation data, earnings boost
SPY•Futures and major stock moves in premarket trading
At 08:52 a.m. ET, Dow E-minis YMcv1 rose 136 points, or 0.25%, S&P 500 E-minis EScv1 gained 33 points, or 0.43%, and Nasdaq 100 E-minis NQcv1 advanced 279.75 points, or 0.94%.
CoreWeave CRWV.O jumped 19.2% in premarket trading after the AI cloud company lifted its annual capital spending forecast and topped second-quarter earnings estimates.
Other AI infrastructure providers also rose, including data-center operators IREN IREN.O and Applied Digital APLD.O, both up more than 8% each. Neocloud company Nebius Group NBIS.O jumped 16.7%.
Super Micro Computer SMCI.O added 9.2% after the AI-server maker forecast fiscal 2027 revenue above Wall Street expectations.
The earnings underscore robust AI-related demand as Wall Street giants continue to spend billions to scale up AI infrastructure. Overall, current-quarter results have painted an upbeat picture of corporate America, helping lift the S&P 500 .SPX and the Dow .DJI to record highs.
